You are here

Singapore's 1MDB probe appears centred on its Cayman investments

Singapore authorities are probing "complex and layered transactions" with "cross-border elements" involving many shell companies in their investigations into 1Malaysia Development Berhad (1MDB), according to prosecutors here.

PHOTO: REUTERS

Singapore

SINGAPORE authorities are probing "complex and layered transactions" with "cross-border elements" involving many shell companies in their investigations into 1Malaysia Development Berhad (1MDB), according to prosecutors here.